Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "LyondellBasell"


14 mentions found


While only six companies in the Dow Jones Industrial Average are reporting next week, about 20% of the S & P 500 reports, making it the biggest week of earnings this season. The Dow and the S & P 500 gained 2.2% and 2.9% this week, respectively, while the Nasdaq Composite rose 4.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
The Fed's meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S & P 500 reporting that week. The most important day for earnings is Thursday, when Apple , Alphabet and Amazon report after the bell. The Nasdaq Composite was up 11% for the month as of Friday afternoon, well ahead of the 6.2% gain in the S & P 500. Traders have been watching the S & P 500 edge closer to the key threshold of 4,100 , its high from December. AAPL 1Y line apple Apple is also important because of the signals it can send about the strength of the consumer, supply chains and China's reopening.
A pair of factor ETFs are on a hot streak that should continue early in the new year, according to Bank of America. Free cash flow to enterprise value is the best metric for determining quality, Bank of America said. After the first week of the year, the COWZ fund has a total return of 8.2% over the past three months, while the QLV fund is up 7.8%. "COWZ has a top weights in energy and materials, where P/E ratios have come down from summer highs and remain below average. Similarly, QLV has high weights in Apple and Microsoft whose P/E ratios have both returned to pre-Pandemic levels," he added.
An Arctic blast sent temperatures well below freezing and led to power, instrumentation and steam losses at facilities along the U.S. Gulf Coast. Retail gasoline prices ticked up along the Gulf Coast this week, but nationwide prices have not been affected by the temporary outages. LyondellBasell Industries was in the early stages of resuming production at its Houston refinery, people familiar with plant operations said. read moreMarathon Petroleum, which operates the second-largest Gulf Coast facility after Motiva, aims to get production back by week's end, the people said. It was in the process of restarting its Port Arthur plant over the weekend, people familiar with the matter said.
More than 1.5 million homes and businesses lost power, oil refineries in Texas cut gasoline and diesel production on equipment failures, and heating and power prices surged on the losses. Oil and gas output from North Dakota to Texas suffered freeze-ins, cutting supplies. Freeze-ins - in which ice crystals halt oil and gas production - this week trimmed production in North Dakota's oilfields by 300,000 to 350,000 barrels per day, or a third of normal. Power prices on Texas's grid also spiked to $3,700 per megawatt hour, prompting generators to add more power to the grid before prices fell back as thermal and solar supplies came online. That is the biggest drop in output since the February 2021 freeze knocked out power for millions in Texas.
REUTERS/Bing GuanHOUSTON, Nov 4 (Reuters) - U.S. oil refiners this quarter will run their plants at breakneck rates, near or above 90% of capacity, as tight fuel supplies spur high profits and operating rates, according to company forecasts and analysts surveyed by Reuters. The refining industry has minted huge profits this year on buoyant demand for gasoline, diesel and jet fuel. PBF restarted units idled during the pandemic at its Paulsboro, N.J., plant to produce more diesel and jet fuel, with the company's refineries running at a record-high 980,000 barrels per day last quarter, Young said. Overall, refiners are forecasting production will remain close to third quarter levels, which averaged 92.75%, said Matthew Blair, refining analyst at researcher Tudor Pickering & Holt. Diesel stocks in particular “are well below typical levels and are running at some 20% below the seasonal average,” Paisie said.
Club holding Wynn Resorts (WYNN) jumps 5% in the premarket after a 4.5% pop Friday. UBS downgrades Caterpillar (CAT) to neutral (hold) from buy; cuts price target by $5-per-share to $230, which is silly. Outback Steakhouse owner Bloomin' Brands (BLMN): two price target boosts, Citi and Barclays. Barclays: LyondellBasell (LYB) downgraded to equal weight from overweight (hold from buy), cut price target to $82 per share from $95. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Apple – Shares of Apple jumped 8% after the technology giant beat both top and bottom line estimates when it reported earnings results for its latest quarter. Amazon – Shares of Amazon slipped 9% Friday after the retailer on Thursday reported quarterly revenue that fell short of Wall Street's expectations. T-Mobile – T-Mobile stock jumped 6% after the telecom company reported the largest jump in subscriber numbers since 2020, when it merged with Sprint. Pinterest – Pinterest rose 8% after the social media company beat earnings expectations and reported more monthly users than analysts forecast. The medical equipment company reported quarterly results on Thursday, posting revenue that slightly beat expectations, according to consensus estimates on StreetAccount.
The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.
WFC price target hikes at BMO Capital and Piper Sandler. Citi lowers price target on American Airlines (AAL) to $15 per share from $16. Mizuho cuts price target on Dow Inc. (DOW) to $46 per share from $62, pricing is falling apart. RBC Capital cut price target on Datadog (DDOG) to $105 per share from $125, getting more conservative. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
KeyBanc keeps overweight (buy) rating and $185-per-share price target. Barclays raises Apple hardware revenue estimate, driven by a "slight iPhone upside and much better MacBooks," offsetting weakness in services; lowers price target to $155 per share from $169 but keeps equal weight (hold) rating. Wedbush starts beer, wine and spirits company Constellation Brands (STZ) with an outperform (buy) rating and a $275-per-share price target. Chemical company Westlake (WLK) price-target cut to $105 per share from $112 at Barclays, which keeps neutral (hold) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
This year's final quarter, however, could see operators hold production rates high to grab strong diesel margins, they said. The forecast excludes the potential impact of a major hurricane striking the U.S. Gulf Coast, home of nearly half the nation's oil refining. U.S. crude oil capacity is down nearly 1 million barrels per day since early 2020, to 17.9 million barrels per day (bpd). At the same time, inventories fell to 117.3 million barrels, down 12 million barrels from the same week a year ago. “They’re trying to make more distillate.”Holding runs above 90% runs the risk of further eroding gasoline margins.
Morgan Stanley sees earnings headwinds building and has some dividend stocks for investors to optimizing returns despite the volatility. Still, the strategist thinks investors can find returns in some dividend stocks that perform well in a late-cycle environment. Morgan Stanley highlighted some top systematic dividend picks to own based on total expected return, upside to the price target, projected dividend yields for 2023 and one-year volatility. Eastman Chemical made the list with the highest total expected return of 77%, as of Sept. 15. Morgan Stanley has a price target of $53 on the stock and sees a dividend yield of 4% for 2023.
Более половины мировых пластиковых отходов производят всего 20 компаний. В рейтинг Plastic Waste Makers, составленный Minderoo Foundation, вошли 100 компаний, которые производят 90% всего объема пластиковых отходов. В рейтинг Plastic Waste Makers, составленный Minderoo Foundation, вошли 100 компаний, которые производят 90% всего объема пластиковых отходов. В мире, по оценкам авторов доклада, ежегодно сжигается, закапывается или оказывается в океанах, лесах более 130 млн тонн пластиковых отходов. В топ-10 компаний-загрязнителей наряду с ExxonMobil вошли также Dow (5,6 млн тонн отходов из одноразового пластика), Sinopec (5,3 млн тонн), Indorama Ventures (4,6 млн тонн), Saudi Aramco (4,3 млн тонн), PetroChina (4 млн тонн), LyondellBasell (3,9 млн тонн), Reliance Industries (3,1 млн тонн), Braskem (3 млн тонн) и Alpek SA de CV (2,3 млн тонн).
Persons: JPMorgan Chase Organizations: Minderoo Foundation, ExxonMobil —, ExxonMobil Dow, Indorama Ventures, Reliance Industries, Alpek, kommersant, Barclays, HSBC, Bank of America, Citigroup, JPMorgan Locations: Saudi Aramco, Азия
Total: 14